Devon Real Estate and Construction Private Limited
About Devon Real Estate and Construction Private Limited
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Devon Real Estate and Construction Private Limited is a private limited company based in Chicalim, Goa, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 11 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA1992PTC001231. Its GSTIN is 30AAACD7233M1ZU (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Justiniano Jose Dacosta and Narcinva Gurudas Bene.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salgaocar Centre E4 Murgaon Estate Off Airport Road, Chicalim, Goa, India – 403711.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.29 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 85.3%) and EBITDA of ₹3.47 Cr (EBITDA margin 105.3%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 27% over five years.
Its group structure includes 1 subsidiary.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devon Real Estate and Construction Private Limited's registered office is in Chicalim, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressSalgaocar Centre E4 Murgaon Estate Off Airport Road, Chicalim, Goa, India – 403711
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Devon Real Estate and Construction Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Devon Real Estate and Construction Private Limited
FY 2025 filings availableDevon Real Estate and Construction Private Limited reported revenue of ₹3.29 Cr (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.47 Cr | ||||
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| Net Profit (PAT) | ₹2.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 105.3% | ||||
| Net Profit Margin | 85.3% | ||||
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To see the full financial statements and ratios of Devon Real Estate and Construction Private Limited, buy the company report.
Board of directors of Devon Real Estate and Construction Private Limited
Devon Real Estate and Construction has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Justiniano Jose Dacosta Also directs: Aneesh Harvest and Agro Private Limited, Goa Agro Tech Private Limited, Kanakdhara Traders Private Limited and 5 more | Director | 21 May 2004 | 22 Years 5 Months | Current |
| Narcinva Gurudas Bene | Director | 03 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Devon Real Estate and Construction Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surya Merchants Limited | ₹3.31 Cr (FY 2025) | -27.0% | Delhi, India | |||
| Moral Bhumi India Limited | ₹3.31 Cr (FY 2024) | -27.0% | Gorakhpur, Uttar Pradesh, India | |||
| Anandanilayam Chaitanyakiran Housing Private Limited | ₹3.3 Cr (FY 2022) | -54.0% | Hyderabad, Telangana, India | |||
| Plentyvalley Properties Private Limited | ₹3.3 Cr (FY 2025) | 142.0% | Kolkata, West Bengal, India | |||
| Growth Realproject Private Limited | ₹3.3 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Devon Real Estate and Construction Private Limitedthis company | ₹3.29 Cr (FY 2025) | ₹2.81 Cr | 85.3% | -61.0% | Chicalim, Goa, India | |
| Sai Estate Consultants Chembur Private Limited | ₹3.29 Cr (FY 2024) | 45.0% | Mumbai, Maharashtra, India | |||
| Isec Organics Limited | ₹3.28 Cr (FY 2025) | 271.0% | New Delhi, Delhi, India | |||
| Hanuman Infrastructure Private Limited | ₹3.28 Cr (FY 2024) | 597.0% | Delhi, India | |||
| Aggarwal Towers Private Limited | ₹3.27 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Rajhans Infra-Estates Private Limited | ₹3.27 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Devon Real Estate and Construction Private Limited, buy the company report.
Auditor
Devon Real Estate and Construction Private Limited is audited by S J THALY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S J THALY & CO | FY 2021 | 110946W |
Shareholding
The shareholding of Devon Real Estate and Construction Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devon Real Estate and Construction Private Limited, buy the company report.
Legal cases
Devon Real Estate and Construction Private Limited has 4 court cases on record: 1 filed by Devon Real Estate and Construction, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against Pereira Holdings Private Limited and 1 other | Pending |
| Bombay High Court | Writ petition | Filed against the company by Pereira Holdings Pvt. Ltd., Rep. by Auth. Director and Ceo Allen Machado and Anr | Disposed |
| High Court | Court case (MCA) | Filed against the company by an individual | Disposed |
To see the full case history of Devon Real Estate and Construction Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devon Real Estate and Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devon Real Estate and Construction has 1 subsidiary company and 4 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ciclopico Real Estate Private Limited | U67120GA1993PTC001408 |
To see the full group structure of Devon Real Estate and Construction Private Limited, buy the company report.
GST
Devon Real Estate and Construction has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACD7233M1ZU | Goa | Active | 01 Jul 2017 |
| 27AAACD7233M1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devon Real Estate and Construction Private Limited, buy the company report.
Recent activity
Devon Real Estate and Construction Private Limited has 8 board changes on record since 2004: 2 appointments and 6 cessations. The latest: Narcinva Gurudas Bene ceased to be Additional Director on 15 Sep 2018.
Frequently asked questions
Devon Real Estate and Construction is an active private limited company based in Chicalim, Goa, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 11 May 1992 (34+ years old) and is registered under CIN U70101GA1992PTC001231.
Devon Real Estate and Construction has 2 current directors:
- Justiniano Jose Dacosta - Director
- Narcinva Gurudas Bene - Director
The latest financial statements of Devon Real Estate and Construction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devon Real Estate and Construction is 30AAACD7233M1ZU, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACD7233M1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Devon Real Estate and Construction is U70101GA1992PTC001231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devon Real Estate and Construction has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Devon Real Estate and Construction was incorporated on 11 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Devon Real Estate and Construction by revenue are Surya Merchants Limited, Moral Bhumi India Limited, Anandanilayam Chaitanyakiran Housing Private Limited, Plentyvalley Properties Private Limited, Growth Realproject Private Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Narcinva Gurudas Bene ceased to be Additional Director on 15 Sep 2018. Dipti Dattaraj Salgaocar ceased to be Director on 03 Aug 2018. Narcinva Gurudas Bene was appointed as Director on 03 Aug 2018. Devon Real Estate and Construction has 8 board changes on record in total.
The registered office of Devon Real Estate and Construction is at Salgaocar Centre E4 Murgaon Estate Off Airport Road, Chicalim, Goa, India – 403711.
Devon Real Estate and Construction operates in the real estate and construction industry, in the real estate marketing and sales segment.